Report reveals China’s luxury market back to ‘rational growth’
via China Daily Chinese consumers have been famous for their enthusiasm for luxury products in recent years, but a report said the country’s luxury market is returning to a “rational growth.” “The past year has seen the end of the wild growth of the luxury market in China, and luxury brands are demonstrating new strength,” […]
These speakers show what luxury tech should be about
Via theverge.com A successful Kickstarter combines beauty with performance — for a price. The Feniks Essence speakers that have been gracing my desk for the past two months are expensive. They cost more than $1,200 to their earliest Kickstarter backers and have been crafted for the quite narrow purpose of sitting on your desktop and pumping […]
Luxury Home Must-Haves
Via lajollalight.com People who buy luxury homes want what they want—when spending the money on a dream home, it defeats the purpose to settle and compromise. That is often why people want a say in the design and building process, opting to custom build a property that reflects the homeowners’ tastes, which in turn reflect their […]
Lyft’s Latest Launch Is Luxury
Via techcrunch.com Over the coming months, we are going to be seeing a lot more pink mustaches on Audi, BMW, and Mercedes vehicles. Today, Lyft is launching Lyft Premier. Users will be able to catch rides in luxury sedans and SUVs. Highly rated drivers with access to high-end vehicles can service rides. The cost premium for Premier rides […]
The Rich Don’t Drive the Luxury Sector
Via businessoffashion.com LONDON, United Kingdom — If luxury spending was indeed driven by the rich, the luxury industry would be a niche sector serving a fortunate few, rather than a dynamic, global business selling to a consumer market measured in millions. During the past 50 years, a wave of luxury goods consumption has swept across key geographies […]